- 4 beds
- – baths
- 2,400 sqft
- 5,630 sqft lot
- $770 per sqft
- 1955 build
- – on site
Fantastic Duplex Opportunity in Prime Marina del Rey Area! Welcome to 12961 Panama Street—an exceptional income property featuring two spacious units, each offering approximately 1,200 square feet of living space with 2 bedrooms and 1 full bath. The front unit includes a charming private yard, while the rear unit offers a covered patio and a detached 2-car garage. Driveway parking is available directly in front of both units for added convenience. Both units are currently leased, making this a turnkey investment opportunity. Each unit is equipped with its own washer and dryer, as well as energy-efficient tankless water heaters. Located in a highly walkable neighborhood, you're just minutes from local parks, dining, entertainment, and the beautiful Pacific Ocean. Whether you're looking to expand your portfolio or explore owner-occupancy in the future, this duplex offers strong income potential in a prime coastal location.
Last checked:
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Last updated Jun 30, 2025
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MLS# CRSR25139337 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1955
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Building Area Units:Square Feet
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Accessibility Features:Other
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Other Equipment:Other
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Building Area Total:2400
Room Dimensions
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Living Area:2400
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Living Area Units:Square Feet
Location
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Directions:Allah Rd and Panama St.
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Exterior Features:Other
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Parcel Number:4223007012
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Zoning:LAR1
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5630
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Lot Size Units:Acres
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:2753.13
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Cash
Appliances
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Appliances:Tankless Water Heater
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Laundry Features:Dryer
The Community
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Association:false
Parking
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Parking Total:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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6/27/25
Jun 27, 2025
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Listed / Active | BRIDGE | $1,850,000 |